250 bps repo rate hike lowers inflation, aggregate demand by 160 bps each

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Views expressed in the report are those of the authors and do not represent the views of the Reserve Bank of India, it was clarified.

According to the report, the process of disinflation, in India, has been stubborn, slow, and uneven, stalled by the incidence of repetitive and often overlapping supply shocks.

While anticipated policy changes do not have any instantaneous impact on long-term rates, policy ‘surprises’ significantly impact all market segments and across tenors,” the report said.

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Category: BusinessFinance

Markets: India

Topics: MPC Monetary policy committee RBI MPC Meeting

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-21 @ 21:31:54 (6 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 466 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 30 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 23158039

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